For Multi Family

566 2nd Ave,Elizabeth City, NJ 07202-3928

November 1, 2025

Move right into this 2 family property located in the Peterstown section of Elizabeth right next to one of the premier pizzerias in the state of NJ, Johns Caffe. Just about everything is walking distance and no need to worry about parking with off-street parking and a built in garage. The second floor was recently renovated which includes fresh paint,laminate flooring, kitchen cabinets, appliances and some updates to the bathroom. The first floor has washer and dryer access and an easy entrance to the garage. Two spacious bedrooms on the first floor should accommodate your needs and think about an opportunity to live on the first floor with potential income from the 3 bedrooms on the second floor!!

Property ID:PT-8002267-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 699,000 $

Bedrooms:5

Year Built:1987

Listing Details

Status: Active

Location

County: Union

Lotsize: 25X100

Lot Identifier: 12.02

Home Details

Open Parking: 1

Basement: No

Acreage: 0.06

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 8

Easement/Desc: No

Exterior Description: Brick, Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: at closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 3

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 9999

Unit 1 Rent: 9999

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room, Utility Room

Unit 1 Security Deposit: 9999

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 9999

Unit 2 Rent: 9999

Unit 2 Room Description: Bedrooms, Kitchen, Living Room, Pantry, Storage

Unit 2 Security Deposit: 9999

Garage Description: Built-In Garage, Garage Parking, On-Street Parking

Number of Garage Spaces: 1

Block Identifier: 644

County Number: 29

Town Number: 2904

YB/Desc: 1987 - Approximate

Easement: No

Parking/Driveway Description: 1 Car Width, Concrete, Driveway-Exclusive, Off-Street Parking, On-Street Parking

Block Identifier: 644

County Number: 29

Town Number: 2904

Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 9999

Net Operating Income: 9999

Expense Include: Cold Water

Tax ID For Property: 2904-00644-0000-00012-0002-

Tax Amount: $9,131.00

Tax Year: 2024

Tax Rate: 1.924%

Tax Rate Year: 2024

Land Assessment: $152,500.00

Building Assessment: $322,100.00

Total Assessment: $474,600.00

FHA Age Restricted: No

Utilities

Heat Source: Electric, Gas-Natural

Heat System: 1 Unit, Baseboard - Hotwater, Radiant - Hot Water

Cool System: 1 Unit, Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Services: Cable TV Available, Fiber Optic Available

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Listing Details

566 2nd Ave,Elizabeth City, NJ 07202-3928

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